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Listed by Stefan P. Doomanis • Barry Burnett Realty, Inc.
$ 1,484,900
Est. payment | /mo
2,308 SqFt
$ 1,484,900
Est. payment | /mo
2,308 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,308 sqft
Price per Sqft $643
MLS Listing ID BB-25195601
Year Built 1952
Lot Size 8,322 Sqft
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
A remarkable investment opportunity awaits at 1025 W Clark, a meticulously maintained triplex with an unbeatable location and a solid income-generating profile. This property offers a rare combination of spacious living and prime location, making it a sound long-term investment or an ideal home for an owner-occupant looking for a significant income stream.
Each of the three units is separately metered and includes its own laundry and central air conditioning, a highly sought-after combination that provides modern comfort and convenience.
Unit A & B: Both are spacious 1-bedroom, 1-bathroom units, each at 700 sq. ft. These units were tastefully remodeled four years ago and have been meticulously maintained. They both include central A/C and in-unit laundry.
Unit C: A large 2-bedroom, 2-bathroom unit spanning 1,000 sq. ft. This unit offers an expansive living room and a dedicated dining area, providing a more home-like feel for residents.
In addition to the exceptional interiors, the property provides three one-car garages and a large off-street parking area, a crucial amenity in this bustling neighborhood.
The location is a key selling point. The property is situated directly across the street from the extensive George Izay Park, home to the Olive Recreation Center, baseball diamonds, the Joslyn Adult Center, and a fantastic playground and picnic area for family fun. The property is also just a short stroll from downtown Burbank's vibrant scene, offering endless dining, shopping, and entertainment.
This is more than just a property; it's a strategic investment in a high-demand area with a proven history of strong rental appreciation. Don't miss the chance to own a versatile and highly rentable asset in the heart of Burbank.
Each of the three units is separately metered and includes its own laundry and central air conditioning, a highly sought-after combination that provides modern comfort and convenience.
Unit A & B: Both are spacious 1-bedroom, 1-bathroom units, each at 700 sq. ft. These units were tastefully remodeled four years ago and have been meticulously maintained. They both include central A/C and in-unit laundry.
Unit C: A large 2-bedroom, 2-bathroom unit spanning 1,000 sq. ft. This unit offers an expansive living room and a dedicated dining area, providing a more home-like feel for residents.
In addition to the exceptional interiors, the property provides three one-car garages and a large off-street parking area, a crucial amenity in this bustling neighborhood.
The location is a key selling point. The property is situated directly across the street from the extensive George Izay Park, home to the Olive Recreation Center, baseball diamonds, the Joslyn Adult Center, and a fantastic playground and picnic area for family fun. The property is also just a short stroll from downtown Burbank's vibrant scene, offering endless dining, shopping, and entertainment.
This is more than just a property; it's a strategic investment in a high-demand area with a proven history of strong rental appreciation. Don't miss the chance to own a versatile and highly rentable asset in the heart of Burbank.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR3*
Interior
Heating Central
Flooring Tile, Wood
Fireplaces Type None
Laundry In Kitchen
Exterior
Garage Spaces 3.0
Pool None
Community Features Curbs, Sidewalks, Suburban
Building
Lot Description Landscaped, Park Nearby
Sewer Public Sewer
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114